Sector: Construction Materials Archives - SustainCase - Sustainability Magazine https://sustaincase.com/category/construction-materials/ Insights on how you can protect the environment, maintain and increase the value of your company, through a structured CSR/Sustainability process with the use of the GRI Standards. Learn how Today's Best-Run Companies are achieving Economic, Social, and Environmental Success - and How You Can Too... Fri, 12 Jul 2024 05:55:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 Case study: How Buzzi Unicem creates economic value for its stakeholders https://sustaincase.com/case-study-how-buzzi-unicem-creates-economic-value-for-its-stakeholders/ Fri, 12 Jul 2024 05:54:47 +0000 https://sustaincase.com/?p=19343 Buzzi Unicem is an international multiregional “heavy-side” group, focused on cement, ready mix concrete and aggregates. This case study is based on the 2022 Sustainability Report by Buzzi Unicem, prepared in accordance with the GRI Standards, that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, economy and society, and b) measuring, managing and changing. Abstract Buzzi Unicem recognises the importance of creating and maintaining relationships of trust, based on mutual respect, active partnership, transparency […]

The post Case study: How Buzzi Unicem creates economic value for its stakeholders appeared first on SustainCase - Sustainability Magazine.

]]> Buzzi Unicem is an international multiregional “heavy-side” group, focused on cement, ready mix concrete and aggregates. Contributing to society growth and value creation for all its stakeholders, is a top priority for Buzzi Unicem.  Tweet This!

This case study is based on the 2022 Sustainability Report by Buzzi Unicem, prepared in accordance with the GRI Standards, that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, economy and society, and b) measuring, managing and changing.

Layout 1

Abstract

Buzzi Unicem recognises the importance of creating and maintaining relationships of trust, based on mutual respect, active partnership, transparency and long-term collaboration with its stakeholders, generating sustainable value for all. In order to create economic value for its stakeholders Buzzi Unicem took action to:

  • create economic value for employees
  • create economic value for capital providers
  • create economic value for governments
  • create economic value for communities

What are the material issues the company has identified?  

In its 2022 Sustainability Report Buzzi Unicem identified a range of material issues, such as antitrust and anti-corruption, CO2 emissions reduction, health and safety, local communities engagement. Among these, creating economic value for its stakeholders stands out as a key material issue for Buzzi Unicem.

Stakeholder engagement in accordance with the GRI Standards              

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups Buzzi Unicem engages with: 

Stakeholder Group
Employees
Supplier
Customers
Shareholders
Local communities
Associations

How stakeholder engagement was made to identify material issues

To identify and prioritise material topics Buzzi Unicem engaged with its stakeholders through discussions with experts representing the views of stakeholders.

What actions were taken by Buzzi Unicem to create economic value for its stakeholders?

In its 2022 Sustainability Report Buzzi Unicem reports that it took the following actions for creating economic value for its stakeholders:

  • Creating economic value for employees
  • In 2022, Buzzi Unicem paid Euro 560.0 million for employee salaries and benefits.
  • Creating economic value for capital providers
  • In 2022, Buzzi Unicem paid Euro 103.1 million to capital providers.
  • Creating economic value for governments
  • In 2022, Buzzi Unicem paid Euro 167.7 million to governments.
  • Creating economic value for communities
  • In 2022, Buzzi Unicem spent Euro 74.6 million in community investments.

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standard addressed in this case is: Disclosure 201-1 Direct economic value generated and distributed

Disclosure 201-1 Direct economic value generated and distributed corresponds to:

 

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

  • Exclusive FBRH template to begin reporting from day one
  • Identify your most important impacts on the Environment, Economy and People
  • Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
  • Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.

References:

This case study is based on published information by Buzzi Unicem, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original please revert to the following link:

 https://www.buzziunicem.com/documents/20143/279690/Sustainability+Report+2022.pdf/8259c41d-bebd-52a0-acb1-36afdb44e240

Note to Buzzi Unicem: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

The post Case study: How Buzzi Unicem creates economic value for its stakeholders appeared first on SustainCase - Sustainability Magazine.

]]> Case study: How Asia Cement creates economic value for its stakeholders https://sustaincase.com/case-study-how-asia-cement-creates-economic-value-for-its-stakeholders/ Wed, 10 Jul 2024 06:03:23 +0000 https://sustaincase.com/?p=19330 Responding to the Taiwan government’s second four-year economic development plan, Asia Cement Corporation (ACC) was founded on March 21, 1957. Asia Cement and its “Skyscraper” brand cement have always occupied the core position in Taiwan’s cement business, generating sustainable value for all Asia Cement’s stakeholders. This case study is based on the 2021 Sustainability Report by Asia Cement, prepared in accordance with the GRI Standards, that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, […]

The post Case study: How Asia Cement creates economic value for its stakeholders appeared first on SustainCase - Sustainability Magazine.

]]> Responding to the Taiwan government’s second four-year economic development plan, Asia Cement Corporation (ACC) was founded on March 21, 1957. Asia Cement and its “Skyscraper” brand cement have always occupied the core position in Taiwan’s cement business, generating sustainable value for all Asia Cement’s stakeholders.

This case study is based on the 2021 Sustainability Report by Asia Cement, prepared in accordance with the GRI Standards, that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, economy and society, and b) measuring, managing and changing.

Layout 1

Abstract

Creating, through its business operations, long-term value for employees, shareholders and all its stakeholders, is a top priority for Asia Cement.  Tweet This! In order to create economic value for its stakeholders Asia Cement took action to:

  • create economic value for employees
  • create economic value for shareholders
  • create economic value for the state

What are the material issues the company has identified?  

In its 2021 Sustainability Report Asia Cement identified a range of material issues, such as climate strategy, occupational safety and health, environmental regulations, attracting and retaining talents. Among these, creating economic value for its stakeholders stands out as a key material issue for Asia Cement.

Stakeholder engagement in accordance with the GRI Standards              

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups Asia Cement engages with:

Stakeholder Group                Method of engagement
Employee ·      Union meetings

·      Non-routine interview of new employees and online announcement

·      Non-routine update employee work guidelines

·      Yearly supervisor interview and performance meeting

·      Yearly labour-manager meeting

·      Monthly occupational injury online reporting

·      Employee plans and non-routine education and training

·      E-bulletin board

·      Group ”Far Eastern Magazine”
Investors/ Shareholders

 

 ·      Annual shareholders’ meeting and investors meeting

·      Company website investor zone

·      Public observatory post system

·      Telephone or email communication feedback

·      GHG and energy routine filing

·      Specific area for corporate sustainability in Asia Cement’s website
Customers/ Partners

 

 ·      Annual customer satisfaction survey

·      Quality certification

·      Opions responses on Website and download test report

·      Routine and non-routine visiting customers

·      Telephone or email communication and feedback

·      Routine project meetings

·      Company website corporate sustainability zone
Community/ Local Groups (Including Indigenous People)/ General Public

 

 

 ·      Visiting local groups

·      Asia Cement service centre

·      Non-routinely holding or attending local activities

·      Asia Cement Sustainability Area, LINE, FB, irregular publish information on the public website of mining site information
Government Agency

 

 ·      Public observatory post system and company website

·      Official documents

·      Regulation briefing, seminar or discussion meeting

·      Information filing

·      Eco-park and interactions on the official website
Suppliers

 

 ·      Suppliers assessment

·      Supplier on-site audit or visit

·      Telephone or email communication and feedback

·      Ecome supplier management platform

·      Supplier opinions survey
NGO

 

 ·      Asia Cement Sustainability Area, LINE, FB, irregular publish information on the public website of mining site information

·      Activities and meetings for face-to-face communication

·      Attending CDP
Academic Institute/ Industry

 

 ·      Seminar

·      Industry-academic cooperation project

·      Routine interchange

·      Scholarships

How stakeholder engagement was made to identify material issues

To identify and prioritise material topics Asia Cement engaged with its stakeholders through a survey.

What actions were taken by Asia Cement to create economic value for its stakeholders?

In its 2021 Sustainability Report Asia Cement reports that it took the following actions for creating economic value for its stakeholders:

  • Creating economic value for employees
  • In 2021, Asia Cement paid NT$5,172 million for employee salaries and welfare.
  • Creating economic value for shareholders
  • In 2021, Asia Cement paid NT$11,933 million in dividends.
  • Creating economic value for the state
  • In 2021, Asia Cement paid NT$4,406 million in income tax.

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standard addressed in this case is: Disclosure 201-1 Direct economic value generated and distributed

Disclosure 201-1 Direct economic value generated and distributed corresponds to:

 

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

  • Exclusive FBRH template to begin reporting from day one
  • Identify your most important impacts on the Environment, Economy and People
  • Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
  • Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.

References:

This case study is based on published information by Asia Cement, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original please revert to the following link:

https://esg.acc.com.tw/upload/2023/r12_files/2021_Asia_Cement_Sustainability_Report.pdf

Note to Asia Cement: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

The post Case study: How Asia Cement creates economic value for its stakeholders appeared first on SustainCase - Sustainability Magazine.

]]> Case study: How UltraTech creates economic value for its stakeholders https://sustaincase.com/case-study-how-ultratech-creates-economic-value-for-its-stakeholders/ Mon, 08 Jul 2024 06:40:11 +0000 https://sustaincase.com/?p=19316 UltraTech Cement Limited is India’s largest and the world’s third largest cement manufacturing company, with operations that span across India, UAE, Bahrain and Sri Lanka. Creating consistent value for its stakeholders – people, communities, supply chain partners, investors, shareholders, customers and other components of its value chain – is a top priority for UltraTech. This case study is based on the 2021-22 Sustainability Report by UltraTech, prepared in accordance with the GRI Standards, that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying […]

The post Case study: How UltraTech creates economic value for its stakeholders appeared first on SustainCase - Sustainability Magazine.

]]> UltraTech Cement Limited is India’s largest and the world’s third largest cement manufacturing company, with operations that span across India, UAE, Bahrain and Sri Lanka. Creating consistent value for its stakeholders – people, communities, supply chain partners, investors, shareholders, customers and other components of its value chain – is a top priority for UltraTech.

This case study is based on the 2021-22 Sustainability Report by UltraTech, prepared in accordance with the GRI Standards, that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, economy and society, and b) measuring, managing and changing.

Layout 1

Abstract

UltraTech’s efforts to contribute to societal progress and mitigate environmental risks across its value chain help it make a material difference to all its stakeholders, generating sustained value for all.  Tweet This! In order to create economic value for its stakeholders UltraTech took action to:

  • create economic value for employees
  • create economic value for the government
  • create economic value for lenders
  • create economic value for shareholders

What are the material issues the company has identified?  

In its 2021-22 Sustainability Report UltraTech identified a range of material issues, such as climate change, health and safety, transparency, sustainable products, research and development. Among these, creating economic value for its stakeholders stands out as a key material issue for UltraTech.

Stakeholder engagement in accordance with the GRI Standards              

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups UltraTech engages with:

Stakeholder Group                Method of engagement
Industry Associations, CEO-Led Organisations, International Commitments ·      Meetings

·      Participation in governance bodies

·      Website

·      Sustainability Report
Shareholders, Lenders and Investors

 

 ·      Annual report and regulatory filings

·      Annual General Meeting

·      Shareholder meetings and presentations

·      Carbon Disclosure Project Report

·      Sustainability Report

·      Business Responsibility and Sustainability Report

·      Dow Jones Sustainability Index (DJSI) disclosure

·      Grievance redressal

·      One-on-one meetings, investor conferences, investor calls
Government and Regulatory Authorities

 

 ·      Annual report and regulatory filings

·      Meetings on government directives and policy development

·      Facility inspections

·      Regular meetings
Employees

 

 

 ·      Employee health check-ups

·      Employee volunteering activities

·      Employee Reward & Recognition schemes

·      Employee satisfaction survey

·      DISHA -Quarterly CXO Dialogue

·      Grievance redressal

·      Intranet, Annual Report, Sustainability Report
Customers

 

 ·      Company website

·      Product campaigns

·      Satisfaction surveys

·      Grievance redressal

·      Customer oriented initiatives

·      Feedback surveys
Suppliers and Contractors

 

 ·      Contract procedures and project timelines

·      Facility inspections

·      Review meetings

·      Vendor interaction meets

·      Feedback forms

·      Annual performance report

·      Annual stakeholder meets

·      Supplier grievance mechanism

·      Supplier Assessment
Community

 

 ·      Community need assessments

·      Disaster management workshops

·      Community visits

·      Satisfaction surveys

·      Meetings with community representatives

·      Impact Assessment studies

·      Grievance redressal
Media and NGOs

 

 ·      One-on-one interactions

·      Direct contact during activities

·      Social surveys

How stakeholder engagement was made to identify material issues

To identify and prioritise material topics UltraTech engaged with its stakeholders through surveys.

What actions were taken by UltraTech to create economic value for its stakeholders?

In its 2021-22 Sustainability Report UltraTech reports that it took the following actions for creating economic value for its stakeholders:

  • Creating economic value for employees
  • In FY 2021-22, UltraTech paid ₹ 23.59 billion for employees, welfare and community development.
  • Creating economic value for the government
  • In FY 2021-22, UltraTech paid ₹ 133.75 billion in government taxes.
  • Creating economic value for lenders
  • In FY 2021-22, UltraTech paid ₹ 7.98 billion to lenders.
  • Creating economic value for shareholders
  • In FY 2021-22, UltraTech paid ₹ 10.97 billion in dividends.

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standard addressed in this case is: Disclosure 201-1 Direct economic value generated and distributed

Disclosure 201-1 Direct economic value generated and distributed corresponds to:

 

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

  • Exclusive FBRH template to begin reporting from day one
  • Identify your most important impacts on the Environment, Economy and People
  • Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
  • Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.

References:

This case study is based on published information by UltraTech, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original please revert to the following link:

https://www.ultratechcement.com/content/dam/ultratechcementwebsite/pdf/sustainability-reports/ultratech-sr-2021-22.pdf

Note to UltraTech: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

The post Case study: How UltraTech creates economic value for its stakeholders appeared first on SustainCase - Sustainability Magazine.

]]> Case study: How Cementir creates economic value for its stakeholders https://sustaincase.com/case-study-how-cementir-creates-economic-value-for-its-stakeholders/ Mon, 27 May 2024 06:07:21 +0000 https://sustaincase.com/?p=19133 Cementir Holding is a Dutch multinational company operating in the building materials sector and focused on four main business lines: grey cement, white cement, ready-mixed concrete and aggregates. , including employees, suppliers, governments and local communities. This case study is based on the 2022 Sustainability Report by Cementir, prepared in accordance with the GRI Standards, that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, economy and society, and b) measuring, managing and changing. Abstract […]

The post Case study: How Cementir creates economic value for its stakeholders appeared first on SustainCase - Sustainability Magazine.

]]> Cementir Holding is a Dutch multinational company operating in the building materials sector and focused on four main business lines: grey cement, white cement, ready-mixed concrete and aggregates. Cementir redistributes part of the wealth it generates to its shareholders and all its stakeholders  Tweet This!, including employees, suppliers, governments and local communities.

This case study is based on the 2022 Sustainability Report by Cementir, prepared in accordance with the GRI Standards, that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, economy and society, and b) measuring, managing and changing.

Layout 1

Abstract

In 2022, the economic value distributed by Cementir reached 1,544,040 thousand euros. In order to create economic value for its stakeholders Cementir took action to:

  • create economic value for employees
  • create economic value for capital providers
  • create economic value for the government

What are the material issues the company has identified?  

In its 2022 Sustainability Report Cementir identified a range of material issues, such as climate change and GHG emissions, health & safety, human rights, cybersecurity and data protection. Among these, creating economic value for its stakeholders stands out as a key material issue for Cementir.

Stakeholder engagement in accordance with the GRI Standards              

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups Cementir engages with:

Stakeholder Group                Method of engagement
Personnel

 

 ·      Intranet

·      Mail

·      Official reports

·      Social networks

·      Survey

·      Training
Institutions and Authorities (local and national)

 

 ·      Exhibitions

·      Official reports

·      Participation in Global and Business Associations

·      Press releases

·      Public conferences
Shareholders

 

 ·      Direct contact

·      Official reports

·      Press releases

·      Shareholder meetings
Trade Unions

 

 ·      Dedicated meetings

·      Networking

·      Official reports

·      Working group
Local communities and local committees

 

 ·      Dedicated meetings

·      Direct contact

·      Official reports
Customers

 

 ·      Blog

·      Exhibitions

·      Official reports

·      Sales

·      Social networks

·      Survey

·      Training
Suppliers and contractors

 

 ·      CDP Supply Chain

·      Exhibitions

·      Official reports

·      Training
Environmentalist Associations

 

 ·      Official reports

·      Social networks

·      Website
Financiers

 

 ·      Direct contact

·      ESG ratings

·      Investor presentation

·      Official reports

·      Press releases

How stakeholder engagement was made to identify material issues

To identify and prioritise material topics Cementir engaged with its stakeholders through an anonymous multiple-choice survey.

What actions were taken by Cementir to create economic value for its stakeholders?

In its 2022 Sustainability Report Cementir reports that it took the following actions for creating economic value for its stakeholders:

  • Creating economic value for employees
  • In 2022, Cementir paid 198,182 thousand euros in personnel costs.
  • Creating economic value for capital providers
  • In 2022, Cementir paid 54,091 thousand euros to capital providers.
  • Creating economic value for the government
  • In 2022, Cementir paid 59,052 thousand euros in taxes.

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standard addressed in this case is: Disclosure 201-1 Direct economic value generated and distributed

Disclosure 201-1 Direct economic value generated and distributed corresponds to:

 

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

  • Exclusive FBRH template to begin reporting from day one
  • Identify your most important impacts on the Environment, Economy and People
  • Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
  • Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.

References:

This case study is based on published information by Cementir, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original please revert to the following link:

https://www.cementirholding.com/sites/default/files/documenti/2023-05/Sostenibilita%CC%80%202022%20-%20ING_WEB.pdf

Note to Cementir: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

The post Case study: How Cementir creates economic value for its stakeholders appeared first on SustainCase - Sustainability Magazine.

]]> Case study: How Dangote Cement creates economic value for its stakeholders https://sustaincase.com/case-study-how-dangote-cement-creates-economic-value-for-its-stakeholders/ Wed, 20 Sep 2023 05:59:33 +0000 https://ccprowebs.com/new-sustaincase.com/?p=15397 Dangote Cement Plc is Sub-Saharan Africa’s leading cement company, with a production capacity of 51.6 million tonnes per year across ten countries. This case study is based on the 2021 Annual Report by Dangote Cement, prepared in accordance with the GRI Standards, that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, economy and society, and b) measuring, managing and changing.     As a brand that is built on a vision to create sustainable, […]

The post Case study: How Dangote Cement creates economic value for its stakeholders appeared first on SustainCase - Sustainability Magazine.

]]> Dangote Cement Plc is Sub-Saharan Africa’s leading cement company, with a production capacity of 51.6 million tonnes per year across ten countries. Dangote Cement is supporting Africa’s transformation, while creating sustainable value for all its stakeholders.  Tweet This!

This case study is based on the 2021 Annual Report by Dangote Cement, prepared in accordance with the GRI Standards, that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, economy and society, and b) measuring, managing and changing.    

As a brand that is built on a vision to create sustainable, long-term value for all its stakeholders, Dangote Cement prioritises its environmental, social and governance responsibilities and understands that these ultimately translate to business sustainability. In order to create economic value for its stakeholders Dangote Cement took action to:

  • create economic value for employees
  • create economic value for shareholders
  • create economic value for the government
  • create economic value for suppliers
  • create economic value for communities

What are the material issues the company has identified?  

In its 2021 Annual Report Dangote Cement identified a range of material issues, such as career growth and development, supply chain efficiency, corruption and anti-competitive behaviour, resource availability. Among these, creating economic value for its stakeholders stands out as a key material issue for Dangote Cement.

Stakeholder engagement in accordance with the GRI Standards

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process s of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups Dangote Cement engages with:

Stakeholder Group                Method of engagement
Employees ·      Meetings in small groups

·      One-on-one engagements

·      Notice board

·      Emails

·      Newsletters

·      Combined annual report and sustainability report

·      Surveys

·      Awards and recognition, etc.
Vendors, suppliers and contractors

 

 ·      Emails

·      One-on-one engagements

·      Meetings
Distributors and customers

 

 

 ·      Emails

·      One-on-one engagements

·      Meetings

·      Customer service week
Host communities

 

 

 ·      One-on-one engagements

·      Town hall meetings

·      Interest group communications

·      Surveys
Media

 

 

 

 

 ·      Press releases,

·      Media parley

·      Combined annual report and sustainability report

·      Quarterly and annual financial reports

·      Conferences
Government/regulatory agencies

 

 

 

 ·      Official letters/mails

·      Periodic assessments

·      Compliance filing and reporting

·      Quarterly and annual financial reports

·      Combined annual report and sustainability report
Financiers/banks

 

 ·      Quarterly and annual financial reports

·      Combined annual report and sustainability report

·      Meetings
External affiliations/associations

 

 

 

 ·      Letters

·      Meetings

·      Combined annual report and sustainability report

·      Workshops

·      Other fora
Non-governmental organisations/CSOs

 

 ·      Quarterly and annual financial reports

·      Combined annual report and sustainability report

·      Meetings

·      Partnerships
Labour unions

 

 ·      Meetings

·      Emails

·      Letters

·      Combined annual report and sustainability report
Investors/shareholders

 

 ·      Annual General Meeting

·      Extraordinary General Meeting

·      Investor relations for a

·      Quarterly and annual financial reports

·      Combined annual report and sustainability report

How stakeholder engagement was made to identify material issues

To identify and prioritise material topics Dangote Cement engaged with its stakeholders through a survey.

What actions were taken by Dangote Cement to create economic value for its stakeholders?

In its 2021 Annual Report Dangote Cement reports that it took the following actions for creating economic value for its stakeholders:

  • Creating economic value for employees
  • In 2021, Dangote Cement paid ₦69,278 million for employee wages, salaries and benefits.
  • Creating economic value for shareholders
  • In 2021, Dangote Cement paid ₦272,005 million in dividends to shareholders.
  • Creating economic value for the government
  • In 2021, Dangote Cement paid ₦173,927 million in taxes.
  • Creating economic value for suppliers
  • In 2021, Dangote Cement paid ₦409,216 million in local procurement.
  • Creating economic value for communities
  • In 2021, Dangote Cement paid ₦2,490 million in social/community investments.

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standard addressed in this case is: Disclosure 201-1 Direct economic value generated and distributed

Disclosure 201-1 Direct economic value generated and distributed corresponds to:

 

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.



FBRH GRI Standards Certified & ISEP recognised Sustainability Course | Venue: London LSE

By registering for the next 2-day FBRH GRI Standards Certified & ISEP recognised course you will be taking the first step in gaining the many benefits of sustainability reporting.

Most importantly, you will gain the knowledge to use the GRI Standards, project manage your own first-class sustainability report and:

  • Identify your most important impacts on the Environment, Economy and Society
  • Begin taking solid, focused, all-round sustainability action ASAP

 

References:

This case study is based on published information by Dangote Cement, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original please revert to the following link:

https://dangotecement.com//wp-content/uploads/2022/06/updated-Dangote_Cement_Plc_Annual_Report_2021.pdf

Note to Dangote Cement: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

The post Case study: How Dangote Cement creates economic value for its stakeholders appeared first on SustainCase - Sustainability Magazine.

]]> Case study: How SCL creates economic value for its stakeholders https://sustaincase.com/case-study-how-scl-creates-economic-value-for-its-stakeholders/ Mon, 17 Oct 2022 06:08:36 +0000 https://ccprowebs.com/new-sustaincase.com/?p=14235 Shree Cement Limited (SCL) is one of the top three cement groups in India by production capacity and among the most trusted and responsible brands in the country, partnering India’s growth. , despite challenges such as industry volatilities or economic hardships. This case study is based on the 2020-21 Sustainability Report by SCL, prepared in accordance with the GRI Standards, that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, economy and society, and b) measuring, […]

The post Case study: How SCL creates economic value for its stakeholders appeared first on SustainCase - Sustainability Magazine.

]]> Shree Cement Limited (SCL) is one of the top three cement groups in India by production capacity and among the most trusted and responsible brands in the country, partnering India’s growth. SCL focuses on delivering sustainable value to its customers and the wider fraternity of stakeholders  Tweet This!, despite challenges such as industry volatilities or economic hardships.

This case study is based on the 2020-21 Sustainability Report by SCL, prepared in accordance with the GRI Standards, that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, economy and society, and b) measuring, managing and changing.

Abstract

SCL’s deep local insight, market foresight, strong governance, and long-standing relationships with customers and stakeholders help build an ecosystem of trust and grow the business. In order to create economic value for its stakeholders SCL took action to:

  • create economic value for employees
  • create economic value for providers of funds and the government
  • support communities

What are the material issues the company has identified?

In its 2020-21 Sustainability Report SCL identified a range of material issues, such as regulatory compliance, waste management, occupational health and safety, procurement practices, emissions management. Among these, creating economic value for its stakeholders stands out as a key material issue for SCL.

Stakeholder engagement in accordance with the GRI Standards              

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups SCL engages with: 

To identify and prioritise material topics SCL engaged with its stakeholders through the following channels: 

Stakeholder Group                Method of engagement
Customers

 

 

 ·      Annual customer satisfaction survey

·      Continuous online communication

·      Continuous meetings with customer representatives
Employees

 

 

 

 ·      Monthly meetings

·      Annual employee feedback surveys

·      Continuous employee grievance monitoring and redressal

·      Continuous training and workshops
Media

 

 ·      Meetings with media representatives, as and when required
Government

 

 

 ·      Regulatory filings, as and when required

·      Facility inspections, as and when required

·      Regular meetings with government officials
Shareholders

 

 

 

 ·      Continuous access to corporate website

·      Corporate filings with stock exchanges

·      Annual meetings

·      Press releases

·      Consistent management of investor relations

·      Annual reports and quarterly results
Local communities

 

 

 ·      Periodic meeting with community representatives

·      Continuous dialogues for identifying concerns to be addressed under CSR programmes

·      Executing CSR interventions in communities around operations
Suppliers

 

 

 ·      Periodic supplier inspection audits

·      Assessing new suppliers

·      Meetings with suppliers
Trade association

 

 ·      Meetings with trade association representatives, as and when required

What actions were taken by SCL to create economic value for its stakeholders?

In its 2020-21 Sustainability Report SCL reports that it took the following actions for creating economic value for its stakeholders:

  • Creating economic value for employees
  • With an employee strength of 6,259 as on March 31, 2021, it is SCL’s responsibility to take care of the long-term economic wellbeing of its employees. In this regard, SCL has provisions such as the Provident Fund, the Superannunation Fund, the Gratuity Fund etc. Accordingly, in FY 2020-21, SCL paid ₹7 Crore for employee wages and benefits.
  • Creating economic value for providers of funds and the government
  • In FY 2020-21, SCL paid ₹7 Crore to providers of funds and ₹ 3,922.9 Crore to the government.
  • Supporting communities
  • SCL is aware of the fact that its operations have a direct as well as indirect impact on local communities. Accordingly, in FY 2020-21, SCL paid ₹7 Crore in community investments.

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standard addressed in this case is: Disclosure 201-1 Direct economic value generated and distributed

Disclosure 201-1 Direct economic value generated and distributed corresponds to:

 

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

  • Exclusive FBRH template to begin reporting from day one
  • Identify your most important impacts on the Environment, Economy and People
  • Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
  • Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.
References:

This case study is based on published information by SCL, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original please revert to the following link:

https://www.shreecement.com/uploads/corporate-sustainability-reports/ShreeCement-SR2021-030122Web.pdf

Note to SCL: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

The post Case study: How SCL creates economic value for its stakeholders appeared first on SustainCase - Sustainability Magazine.

]]> Case study: How CRH promotes sustainability across its supply chain https://sustaincase.com/case-study-how-crh-promotes-sustainability-across-its-supply-chain/ Wed, 14 Sep 2022 06:07:02 +0000 https://ccprowebs.com/new-sustaincase.com/?p=14080 CRH is the leading diversified building materials business in the world, employing approximately 77,000 people at 3,100 locations in 29 countries, manufacturing and supplying a diverse range of integrated building materials, products and innovative end-to-end solutions. CRH works closely with its suppliers and other stakeholders to drive improvements in its supply chain and support suppliers to provide good jobs and manage their environmental impacts. This case study is based on the 2020 Sustainability Report by CRH, prepared in accordance with the GRI Standards, that can be found at this link. Through all case studies we aim to demonstrate what CSR/ […]

The post Case study: How CRH promotes sustainability across its supply chain appeared first on SustainCase - Sustainability Magazine.

]]> CRH is the leading diversified building materials business in the world, employing approximately 77,000 people at 3,100 locations in 29 countries, manufacturing and supplying a diverse range of integrated building materials, products and innovative end-to-end solutions. CRH works closely with its suppliers and other stakeholders to drive improvements in its supply chain and support suppliers to provide good jobs and manage their environmental impacts.

This case study is based on the 2020 Sustainability Report by CRH, prepared in accordance with the GRI Standards, that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, economy and society, and b) measuring, managing and changing.

Abstract

CRH’s commitment to its values goes beyond its own activities. Accordingly, CRH expects its suppliers to share its unwavering commitment to good ethical practices.  Tweet This! In order to promote sustainability across its supply chain CRH took action to:

  • promote good practices
  • assess risks

What are the material issues the company has identified?

In its 2020 Sustainability Report CRH identified a range of material issues, such as economic value creation, health and safety, energy and climate change, customers and products. Among these, promoting sustainability across its supply chain stands out as a key material issue for CRH.

Stakeholder engagement in accordance with the GRI Standards              

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups CRH engages with:

Stakeholder Group                Method of engagement
Employees ·      Team meetings

·      Employee surveys

·      Employee newsletters

·      Podcasts

·      Town hall meetings

·      CEO blog

·      Performance reviews

·      One-to-one meetings/briefings
Local communities

 

 ·      One-to-one meetings

·      Open days

·      Site tours and virtual events

·      Participation in local events

·      Employee engagement processes
Investors ·      Annual General Meeting

·      One-to-one meetings and calls

·      Surveys

·      Investor and ESG conferences and roadshows

·      Results presentations
Customers

 

 ·      Negotiations

·      Customer surveys

·      Formal market research

·      Company websites and social media

·      Product information on packaging

·      Customer relationship development

·      Exhibitions
Suppliers

 

 ·      Supplier surveys

·      Contractual meetings

·      Tender questions

·      Information requests

·      E-tendering platforms

·      Assessment and due diligence
Governments and regulators

 

 ·      Briefings and direct meetings

·      Multi-stakeholder forums

·      Industry associations

·      Audits

·      Open days
Academic and scientific community

 

 

 ·      One-to-one meetings

·      Seminars and lectures

·      Intern, graduate and apprenticeship programmes

·      Presentations Round table discussions
Media ·      Media surveys

·      Interviews

·      Media briefings

·      Press releases

·      Social media
NGOs and pressure groups

 

 ·      One-to-one meetings

·      Presentations

·      Participation in events

·      Open days

How stakeholder engagement was made to identify material issues

To identify and prioritise material topics CRH engaged with its stakeholders through online surveys, telephone interviews and focus group sessions.

What actions were taken by CRH to promote sustainability across its supply chain?

In its 2020 Sustainability Report CRH reports that it took the following actions for promoting sustainability across its supply chain:

  • Promoting good practices
  • CRH sources goods and services through multiple routes: from centralised procurement, to local buying and to e-sourcing. CRH’s ‘Know Your Supplier’ due diligence system provides key third-party data points for financial risk, sanctions screening and adverse media. CRH expects 100% of its suppliers to comply with its Supplier Code of Conduct (100% of new suppliers are screened in line with the Code), and all of its procurement teams are increasingly integrating sustainability into its sourcing processes. CRH’s supplier selection and ongoing assessment processes also include sustainability criteria. Additionally, CRH increasingly builds on its key supplier relationships, to make sure it responds to sustainability issues and provides added value in key areas.
  • Assessing risks
  • CRH assesses risks at a commodity level, in line with ISO 20400 best practice and uses 12 assessment criteria covering areas such as health and safety, human and labour rights, environment, climate change and governance, to understand potential risks and act strategically across a range of profiles which can be improved. CRH provides responsible procurement training to those staff working directly with its The training helps equip staff with the understanding and tools to be able to spot issues and effectively engage suppliers through their Category Strategy Plans. In addition, by integrating sustainability requirements at the start of the tender stage, CRH is able to mitigate risks more effectively than after the event.

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standards addressed in this case are:

1) Disclosure 308-1 New suppliers that were screened using environmental criteria

2) Disclosure 414-1 New suppliers that were screened using social criteria

 

Disclosure 308-1 New suppliers that were screened using environmental criteria does not correspond to any SDG.

Disclosure 414-1 New suppliers that were screened using social criteria corresponds to:

 

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

  • Exclusive FBRH template to begin reporting from day one
  • Identify your most important impacts on the Environment, Economy and People
  • Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
  • Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.
References:

This case study is based on published information by CRH, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original please revert to the following link:

https://www.crh.com/media/3697/crh-2020-sustainability-report.pdf

Note to CRH: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

The post Case study: How CRH promotes sustainability across its supply chain appeared first on SustainCase - Sustainability Magazine.

]]> Case study: How Wienerberger promotes sustainability across its supply chain https://sustaincase.com/case-study-how-wienerberger-promotes-sustainability-across-its-supply-chain/ Wed, 09 Mar 2022 07:05:13 +0000 https://ccprowebs.com/new-sustaincase.com/?p=13347 With 201 production sites in operation in 30 countries, Wienerberger is the world’s largest brick producer and Europe’s number one in clay roof tiles. Within the framework of its business relations, , expecting suppliers to act responsibly with regard to people and the environment. This case study is based on the 2019 Sustainability Update by Wienerberger published on the Global Reporting Initiative Sustainability Disclosure Database that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, […]

The post Case study: How Wienerberger promotes sustainability across its supply chain appeared first on SustainCase - Sustainability Magazine.

]]> With 201 production sites in operation in 30 countries, Wienerberger is the world’s largest brick producer and Europe’s number one in clay roof tiles. Within the framework of its business relations, Wienerberger makes sure that its suppliers comply with both social and ecological standards  Tweet This!, expecting suppliers to act responsibly with regard to people and the environment.

This case study is based on the 2019 Sustainability Update by Wienerberger published on the Global Reporting Initiative Sustainability Disclosure Database that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, economy and society, and b) measuring, managing and changing.

Abstract

To ensure compliance with minimum ESG (environmental, social, governance) standards along its entire supply chain, Wienerberger has its suppliers in selected areas of procurement assessed by a specialised rating agency. In order to promote sustainability across its supply chain Wienerberger took action to:

  • implement a group-wide Supplier Code of Conduct
  • audit suppliers
  • rate suppliers’ sustainability performance
  • screen suppliers

What are the material issues the company has identified?

In its 2019 Sustainability Update Wienerberger identified a range of material issues, such as employee safety and health, innovative and durable products, climate action, business ethics and compliance, energy efficiency. Among these, promoting sustainability across its supply chain stands out as a key material issue for Wienerberger.

Stakeholder engagement in accordance with the GRI Standards

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups Wienerberger engages with:

Stakeholder Group
Employees
Customers and business partners
Investors, analysts and banks
Local residents and local authorities
Suppliers
Politicians
Regulators
Organised interest groups
Research institutions and universities
Media and non-governmental organisations (NGOs)

How stakeholder engagement was made to identify material issues

To identify and prioritise material topics Wienerberger engaged with its stakeholders through an online survey. Almost 500 stakeholders were invited to participate, 80% of them external stakeholders.

What actions were taken by Wienerberger to promote sustainability across its supply chain?

In its 2019 Sustainability Update Wienerberger reports that it took the following actions for promoting sustainability across its supply chain:

  • Implementing a group-wide Supplier Code of Conduct
  • In 2019, a uniform, group-wide Supplier Code of Conduct was elaborated by Wienerberger in cooperation with internal and external experts and rolled out to almost all operating segments, replacing the previous segment-specific supplier codes of conduct. The implementation of the uniform, group-wide Supplier Code of Conduct was supported by the new group-wide procurement structure managed by the Head of Corporate Procurement.
  • Auditing suppliers
  • In 2018, a formal training programme run by external certification bodies was introduced by Wienerberger in order to train employees working in Corporate Procurement to perform supplier audits. In 2019, employees working in the procurement units of the country organisations were selected to receive the same type of training for the performance of supplier audits. Corporate Procurement, as a staff function, nominated the employees on the basis of strategic considerations and will roll out the certified external training of employees step by step to all country organisations. The objective is to perform standardised supplier audits throughout the Group and to have at least one certified employee in each country organisation qualified to perform supplier audits. In 2019, Corporate Procurement also began to define uniform follow-up processes to be observed following the supplier audits on the basis of the audit results. Once the process has been fully defined, supplier audits are to be initiated in those areas of procurement and geographic locations where the biggest potential risks are assumed to exist. These audits will cover significant non-financial matters, such as health and safety of employees, respect for human rights, the fight against corruption and bribery, and environmental protection. On the basis of the audit results, the suppliers will then be informed of corrective measures to be taken and deadlines will be set for the implementation of improvements.
  • Rating suppliers’ sustainability performance
  • Since 2019, Wienerberger has had the sustainability performance and potential supplier risks in selected areas of procurement rated by EcoVadis, an international partner for sustainability ratings (environmental, social, governance – ESG ratings). Within the framework of cooperation with EcoVadis, the sustainability ratings and risk analyses of suppliers in selected areas of procurement are being rolled out step by step. Additionally, an internal data platform (supplier relationship management tool), containing information on the financial terms and conditions of all Wienerberger suppliers, has been implemented. The ratings of the suppliers’ sustainability performance by EcoVadis are also stored on the data platform. This enables Wienerberger to evaluate suppliers on the basis of their sustainability and risk ratings, in combination with their financial terms and conditions.
  • Screening suppliers
  • Another measure introduced in 2019 by Wienerberger was the monthly screening of all suppliers and customers registered in the SAP (Systems Applications and Products) system via an interactive data platform against international sanctions lists published by the UN (United Nations), the EU and the Office of Foreign Asset Control (OFAC) at the US Department of the Treasury. The screening is performed centrally by a sanctions management software, which runs monthly checks of all customer and supplier master data in the SAP system. Every “match” is transmitted to the local management in charge for assessment and follow-up. The local decision whether to continue doing business with the supplier or customer concerned must be communicated to Corporate Legal Services for further coordination. All decisions taken in this context are documented in the sanctions management software.

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standards addressed in this case are:

1) Disclosure 308-2 Negative environmental impacts in the supply chain and actions taken

2) Disclosure 414-2 Negative social impacts in the supply chain and actions taken

 

Disclosure 308-2 Negative environmental impacts in the supply chain and actions taken does not correspond to any SDG.

Disclosure 414-2 Negative social impacts in the supply chain and actions taken corresponds to:

 

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

  • Exclusive FBRH template to begin reporting from day one
  • Identify your most important impacts on the Environment, Economy and People
  • Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
  • Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.
References:

1) This case study is based on published information by Wienerberger, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original, please revert to the original on the Global Reporting Initiative’s Sustainability Disclosure Database at the link:

http://database.globalreporting.org/

2) https://www.globalreporting.org/standards/gri-standards-download-center/

Note to Wienerberger: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

The post Case study: How Wienerberger promotes sustainability across its supply chain appeared first on SustainCase - Sustainability Magazine.

]]> Case study: How RAK Ceramics promotes sustainability among its suppliers https://sustaincase.com/case-study-how-rak-ceramics-promotes-sustainability-among-its-suppliers/ Fri, 04 Mar 2022 07:04:25 +0000 https://ccprowebs.com/new-sustaincase.com/?p=13332 RAK Ceramics is one of the largest ceramics brands in the world, specialising in ceramic and gres porcelain wall and floor tiles, tableware, sanitaryware and faucets, with the capacity to produce 123 million square metres of tiles, 5 million pieces of sanitaryware, 24 million pieces of porcelain tableware and 1 million pieces of faucets per year at its 22 state-of-the-art plants across the United Arab Emirates, India, Bangladesh and China. RAK Ceramics places a high importance on dealing with suppliers who follow ethical business practices, making sure that at a minimum its suppliers have adequate health and safety standards in […]

The post Case study: How RAK Ceramics promotes sustainability among its suppliers appeared first on SustainCase - Sustainability Magazine.

]]> RAK Ceramics is one of the largest ceramics brands in the world, specialising in ceramic and gres porcelain wall and floor tiles, tableware, sanitaryware and faucets, with the capacity to produce 123 million square metres of tiles, 5 million pieces of sanitaryware, 24 million pieces of porcelain tableware and 1 million pieces of faucets per year at its 22 state-of-the-art plants across the United Arab Emirates, India, Bangladesh and China. RAK Ceramics places a high importance on dealing with suppliers who follow ethical business practices, making sure that at a minimum its suppliers have adequate health and safety standards in place and do not partake in child labour.

This case study is based on the 2019 Sustainability Report by RAK Ceramics published on the Global Reporting Initiative Sustainability Disclosure Database that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, economy and society, and b) measuring, managing and changing.

Abstract

RAK Ceramics seeks to cooperate with suppliers who share its values, including, most importantly, its firm commitment to sustainability.  Tweet This! In order to promote sustainability among its suppliers RAK Ceramics took action to:

  • assess suppliers
  • implement Supplier Guiding Principles

What are the material issues the company has identified?

In its 2019 Sustainability Report RAK Ceramics identified a range of material issues, such as financial performance, corporate governance and compliance, anti-corruption, workforce wellbeing, sustainable production and innovation. Among these, promoting sustainability among its suppliers stands out as a key material issue for RAK Ceramics.

Stakeholder engagement in accordance with the GRI Standards

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups RAK Ceramics engages with:

To identify and prioritise material topics RAK Ceramics engaged with its stakeholders through the following channels:

Stakeholder Group                Method of engagement
Investors ·      Formal reporting

·      Updates

·      Quarterly meetings

·      Annual general board meeting
Employees

 

 ·      Everyday interactions

·      Engagement surveys

·      Newsletters

·      Annual performance appraisals
Customers

 

 ·      Key account managers

·      Trade exhibitions

·      Social media platforms

·      Newsletters
Suppliers ·      Procurement process

·      Meetings

·      Workshops
Government and regulatory bodies

 

 ·      Meetings

·      Conferences

·      Collaborations
Community

 

 ·      Partnerships

·      Sponsorships

·      Volunteering

What actions were taken by RAK Ceramics to promote sustainability among its suppliers?

In its 2019 Sustainability Report RAK Ceramics reports that it took the following actions for promoting sustainability among its suppliers:

  • Assessing suppliers
  • Prior to becoming a supplier for RAK Ceramics, it is mandatory for all key suppliers to complete a supplier assessment questionnaire, which outlines the minimum requirements for quality, environmental practices, health and safety and ethical standards. Going forward, RAK Ceramics wishes to implement a more sustainable procurement process that will include several sustainability markers which RAK Ceramics will use to assess all future suppliers.
  • Implementing Supplier Guiding Principles
  • In FY20, RAK Ceramics is looking at implementing Supplier Guiding Principles for all key suppliers, which will focus on additional sustainability requirements that RAK Ceramics expects the suppliers to meet. RAK Ceramics will continue to work on its supply chain strategy, so it continues to meet the demands of the business and be in line with RAK Ceramics’ stakeholder values. Additionally, RAK Ceramics is committed to using local suppliers where possible in order to support the local community. In 2019, RAK Ceramics spent approximately 678 million AED with 1143 direct suppliers (with 64% of those being local suppliers in the UAE – figures include RAK Ceramics, Elegance Ceramics and RAK Porcelain vendors).

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standards addressed in this case are:

1) Disclosure 204-1 Proportion of spending on local suppliers

2) Disclosure 308-1 New suppliers that were screened using environmental criteria

3) Disclosure 414-1 New suppliers that were screened using social criteria

 

Disclosure 204-1 Proportion of spending on local suppliers corresponds to:

  • Targets: 8.3

Disclosure 308-1 New suppliers that were screened using environmental criteria does not correspond to any SDG.

Disclosure 414-1 New suppliers that were screened using social criteria corresponds to:

 

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

  • Exclusive FBRH template to begin reporting from day one
  • Identify your most important impacts on the Environment, Economy and People
  • Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
  • Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.
References:

1) This case study is based on published information by RAK Ceramics, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original, please revert to the original on the Global Reporting Initiative’s Sustainability Disclosure Database at the link:

http://database.globalreporting.org/

2) https://www.globalreporting.org/standards/gri-standards-download-center/

Note to RAK Ceramics: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

The post Case study: How RAK Ceramics promotes sustainability among its suppliers appeared first on SustainCase - Sustainability Magazine.

]]> Case study: How CEMEX promotes sustainability among its suppliers https://sustaincase.com/case-study-how-cemex-promotes-sustainability-among-its-suppliers/ Mon, 28 Feb 2022 07:09:03 +0000 https://ccprowebs.com/new-sustaincase.com/?p=13313 With over 40,000 employees worldwide, CEMEX is a global building materials company providing high-quality products and reliable services to customers and communities around the world. CEMEX closely cooperates with its suppliers to foster its continuous innovation and implement the most sustainable practices in its day-to-day operations. This case study is based on the 2019 Integrated Report by CEMEX published on the Global Reporting Initiative Sustainability Disclosure Database that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on […]

The post Case study: How CEMEX promotes sustainability among its suppliers appeared first on SustainCase - Sustainability Magazine.

]]> With over 40,000 employees worldwide, CEMEX is a global building materials company providing high-quality products and reliable services to customers and communities around the world. CEMEX closely cooperates with its suppliers to foster its continuous innovation and implement the most sustainable practices in its day-to-day operations.

This case study is based on the 2019 Integrated Report by CEMEX published on the Global Reporting Initiative Sustainability Disclosure Database that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, economy and society, and b) measuring, managing and changing.

Abstract

CEMEX continually works to engage and align its suppliers with its core values  Tweet This!, including its enduring emphasis on health and safety, its innovation-driven culture, its unwavering pursuit of excellence and its steadfast focus on integrity, integrating sustainability into its supplier engagement and procurement processes, while taking account of local and diverse suppliers. In order to promote sustainability among its suppliers CEMEX took action to:

  • promote supplier health and safety
  • assess suppliers
  • implement a Suppliers Code of Conduct

What are the material issues the company has identified?

In its 2019 Integrated Report CEMEX identified a range of material issues, such as customer experience and satisfaction, health and safety, product quality and innovation, business ethics and transparency, transport and logistics optimisation. Among these, promoting sustainability among its suppliers stands out as a key material issue for CEMEX.

Stakeholder engagement in accordance with the GRI Standards

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups CEMEX engages with:

To identify and prioritise material topics CEMEX engaged with its stakeholders through the following channels: 

Stakeholder Group                Method of engagement
Employees

 

 ·      ETHOSLine 24/7

·      Biannual Ethics and Compliance campaigns

·      Biannual engagement survey

·      Monthly global newsletter

·      Local HR teams on a daily basis and HR process platforms 24/7

·      Open dialogues and meetings with leaders
Customers

 

 ·      Ongoing relationship management through sales representatives

·      Digital platforms

·      Annual commercial events

·      Customer satisfaction surveys

·      Customer service centres and helplines

·      Net Promoter Score (NPS)
Analysts, investors, shareholders

 

 ·      Regular meetings, webcasts, and conference calls

·      Quarterly financial updates and guidance

·      Annual integrated report, annual reports, and mandatory filings

·      Ongoing website updates and press releases

·      Annual CEMEX Day investor event
Academic institutions & NGOs

 

 ·      Yearly collaborative research portfolio

·      Biweekly “Lighthouses” talks

·      Quarterly whitepapers

·      Yearly best practices and methodologies playbooks

·      Annual event to share the project’s outcomes

·      “Hackathons” co-organised with Universities
Communities

 

 ·      Ongoing dialogues with communities

·      Quarterly community panels, sessions, and meetings

·      Annual open house days at operating sites

·      Ongoing educational programmes and training

·      Participation in local career events

·      Development of community infrastructure, volunteering, and social investment initiatives

·      Co-creation of inclusive business programmes

·      Development of entrepreneurial capacities for community members

·      Annual call for CEMEX-Tec Award entries
Suppliers

 

 ·      Daily procurement interactions

·      Ongoing capacity building programmes

·      Supplier sustainability guidance
Governments and policy makers ·      Annual integrated report and conservation books

·      Ongoing public policy discussions

·      Long-term partnerships

·      Working groups

·      Periodic plant visits

·      Events and conferences
Business associations

 

 ·      Periodic meetings

·      Annual conferences

·      Ongoing working groups

·      Ongoing research studies

 

CEMEX closely cooperates with its suppliers to foster its continuous innovation and implement the most sustainable practices in its day-to-day operations.

 

What actions were taken by CEMEX to promote sustainability among its suppliers?

In its 2019 Integrated Report CEMEX reports that it took the following actions for promoting sustainability among its suppliers:

  • Promoting supplier health and safety
  • At CEMEX, its commitment to the health and safety of its employees, suppliers, and partners is a top priority. In addition to its Supplier Sustainability Programme, CEMEX’s Contractor Health & Safety Verification Programme is designed to verify the health and safety practices of contractors with access to its facilities. The verification requires liability policies, risk premiums, health & safety manuals and procedures, and accreditations, among other requirements. Valid for one year, this evaluation helps CEMEX to verify that contractor companies know and comply with the health & safety processes and keep safe while working with it. For 2019, CEMEX reached its yearly goal of evaluating at least 80% of procurement contractors’ spend through a third-party organisation that specialises in the evaluation of health and safety practices. To achieve this goal, CEMEX engaged all of its operating countries and worked closely with its Global Health and Safety team to implement this key health and safety initiative. To foster its supplier sustainability engagement, CEMEX provides continuous communication and training to its Procurement teams on sustainability issues, so they can develop suppliers that are more closely aligned with CEMEX’s sustainability principles.
  • Assessing suppliers
  • Since 2010, CEMEX’s Supplier Sustainability Programme has made an extensive commitment to sustainability across its value chain, communicating and promoting responsible practices. In collaboration with third-party evaluators, CEMEX invites its suppliers to perform a sustainability assessment based on ISO 26000 guidelines and covering social, environmental, health and safety (H&S), business ethics, stakeholder relationships, and financial performance standards. After suppliers are evaluated, a specialised third-party firm analyses the information provided, prepares a consolidated report—including findings and conclusions from the assessment and identified opportunity areas—and proposes an action plan to close gaps, if any. This evaluation is periodically updated, and suppliers are expected to continuously improve their score. This grade is integrated into the supplier’s scorecard to track and reward suppliers that demonstrate advanced sustainability practices. CEMEX’s 2030 goal is to assess at least 80% of the critical suppliers spend under the company’s Procurement scope. By critical, CEMEX refers to those business partners who can have a significant impact on its three core businesses: cement, ready-mix concrete, and aggregates. Specifically, this involves those suppliers who could affect the continuity of CEMEX’s operations, involve health & safety and 80% contractors’ environmental risks, and/or have the highest spend. In 2019, CEMEX worked closely with its business units to evaluate the sustainability practices of critical suppliers with or without access to its facilities. Thanks to its collaborative efforts, CEMEX achieved and exceeded its annual target of 36%, assessing 44% of the company’s critical suppliers’ Procurement spend with sustainability criteria—on a good track to achieve its 2030 goal of 80%. Moreover, during 2019, CEMEX consolidated all European suppliers under one business unit instead of seven separate countries, to facilitate critical suppliers’ sustainability assessment. Also, CEMEX further leveraged its Supplier Sustainability Programme by integrating and engaging the suppliers of the Trinidad Cement Group acquired in 2017, with operations mainly in Jamaica, Barbados, and Trinidad and Tobago.
  • Implementing a Suppliers Code of Conduct
  • As a member of the GCCA (Global Cement and Concrete Association), CEMEX adopts its principles in its Code of Conduct When Doing Business With Us and expects its suppliers to honour its Suppliers Code of Conduct’s 12 principles:
    • PROMOTE health and safety as a top priority
    • UPHOLD decent working conditions
    • GUARANTEE freedom of association and non-retaliation
    • AVOID forced labour
    • DENY child labour
    • SEEK equality and fairness in supplier relations
    • COMPLY with environmental regulations
    • MANAGE environmental impacts
    • REJECT bribery and corruption—anti-money laundering
    • ENCOURAGE transparency and integrity
    • MAINTAIN standard business practices related to gifts, services, and other courtesies
    • ENHANCE equality and fairness in supplier relations

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standards addressed in this case are:

1) Disclosure 308-1 New suppliers that were screened using environmental criteria

2) Disclosure 308-2 Negative environmental impacts in the supply chain and actions taken

3) Disclosure 414-1 New suppliers that were screened using social criteria

4) Disclosure 414-2 Negative social impacts in the supply chain and actions taken

 

Disclosure 308-1 New suppliers that were screened using environmental criteria does not correspond to any SDG.

Disclosure 308-2 Negative environmental impacts in the supply chain and actions taken does not correspond to any SDG.

Disclosure 414-1 New suppliers that were screened using social criteria corresponds to:

Disclosure 414-2 Negative social impacts in the supply chain and actions taken corresponds to:

 

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

  • Exclusive FBRH template to begin reporting from day one
  • Identify your most important impacts on the Environment, Economy and People
  • Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
  • Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.
 

References:

1) This case study is based on published information by CEMEX, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original, please revert to the original on the Global Reporting Initiative’s Sustainability Disclosure Database at the link:

http://database.globalreporting.org/

2) https://www.globalreporting.org/standards/gri-standards-download-center/

Note to CEMEX: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

The post Case study: How CEMEX promotes sustainability among its suppliers appeared first on SustainCase - Sustainability Magazine.

]]>